Punta Catalina embarks on transition: shifting from coal to solar energy
21 Feb 2024
Santo Domingo.- The
National Committee to Fight Climate Change (CNLCC) and the Institute of Lawyers
for the Protection of the Environment (INSAPROMA) have affirmed that Punta
Catalina is actively transitioning from coal to renewable energy. This was
evident with the recent announcement of a bid for a 40-megawatt solar park,
injecting electricity into auxiliary services for self-consumption at the plant
units.
The CNLCC and INSAPROMA emphasized that while Punta Catalina aims to
replace the electricity used in auxiliary services, approximately 60 megawatts,
with cheaper solar energy to sell more electricity at a higher price than the
National Interconnected Electrical System (SENI), this move aligns with the
proposal they presented last August.
Acknowledging that solar energy is more cost-effective than coal, the
organizations noted that their earlier proposal, with technical assistance from
the Rocky Mountain Institute (IMR) in the USA, recommended the early retirement
of Punta Catalina. The proposal involves replacing electricity generated by
coal with renewable sources.
According to their plan, the first unit of the plant would be shut down
in 2026, followed by the second unit in 2028, once both units can generate
electricity using solar, wind, and battery banks.
The organizations recently urged the Dominican Government to submit this
proposal for the early retirement of Punta Catalina to the Energy Transition
Acceleration Program (ETA) in the USA. They highlighted that the ETA program
provides a financial facility by selling carbon credits in the US carbon
market.
Emphasizing the urgency of adopting a decisive policy for the transition
to renewable energy, the organizations called on the government and Punta
Catalina’s management to formally present the proposal to the ETA program,
continuing the process of replacing coal with renewable energies and battery
banks initiated by the recent solar park tender.